Consumer watchdog fails to meet despite financial crisis

PAUL CULLEN, Consumer Affairs Correspondent
IRISH BANKS have lost 90 per cent of their value and the Financial Regulator has seen its chief executive retire early, yet the watchdog monitoring them has not met for more than five months, it has emerged.
The last meeting of the consumer consultative panel of the Financial Regulator was held [...]

Modified Loans Often Lead Homeowners Back to Trouble

By VIKAS BAJAJ
Published: December 8, 2008
Most troubled homeowners whose mortgages were modified are again falling behind on payments, a top banking regulator said on Monday, raising questions about whether policy makers and lenders can successfully help them stay in their homes.
Data from banks show that more than half of loans modified during the first three [...]